Author: InvestAdvocate

Fed Orders 2nd Round of Stress Tests

By DEBORAH SOLOMON & DANIEL FITZPATRICK, Washington   The Federal Reserve plans to scrutinize the nation’s top 19 banks for a second time, the latest indication federal regulators are seeking to toughen oversight of the nation’s biggest financial institutions.   The Fed, in guidance issued Wednesday, said the 19 largest […]

Housing Outlook 2011: When Home Prices Will Head Up

Property values are still drifting down, but look for relief at the end of 2011 By Pat Mertz Esswein, Nov 16, 2010 The lowest mortgage interest rates in almost 60 years, plus affordable homes in cities where buyers had been priced out for years, should be turning the housing market around. […]

China may impose price controls

By Agency reporter Thursday, 18 Nov 2010 Beijing: China‘s cabinet confirmed that the government might impose temporary price controls on ”important daily necessities” and production materials to counter the fastest inflation in two years, Bloomberg reported on Wednesday. The State Council also pledged on Wednesday to stabilise natural gas prices, crack […]